The post BofA Just Deemed Ulta Beauty a High-Quality Compounder. Time to Buy the 26% Pullback? appeared first on 24/7 Wall St..
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Bank of America upgraded Ulta Beauty (ULTA) stock to Buy, arguing that elevated investor expectations have reset to reasonable levels, creating a discount to own a high-quality compounder with durable loyalty economics and a reinvestment flywheel driving long-term earnings power.
Ulta Beauty earned $8.01 E…